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Maria Vogel's profile image
Maria Vogel's profile image
Maria Vogel
  • Rental Property Investor
  • from Whitefish, MT
  • Member since Jan 30, 2016
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Maria Vogel's profile image
Maria Vogel's profile image
Maria Vogel
  • Rental Property Investor
  • from Whitefish, MT
  • Member since Jan 30, 2016
Connect
Maria Vogel
  • Rental Property Investor
  • Whitefish, MT
11
Votes |
60
Posts
Creative Real Estate Financing

Trust

Maria Vogel
  • Rental Property Investor
  • Whitefish, MT
Posted Apr 28 2016, 19:31

Do you all have a Trust that owns your rental properties? I have an LLC-but have not switched the homes into the name of the LLC. I feel lost on how to do this. I have called a lawyer wanted to charge me $1200 and wouldn't even really say what he was going to do for me.

My 401k person at DA Davidson said I should have a trust in case something happens to me. I don't even know where to start. Both with moving the houses into the LLC and if I need a trust.

My CPA said I need a separate LLC for every house but then I have to file taxes for each one! That seems pretty complicated!

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